The Bab al-Mandeb Strait, a lifeline for the global economy, is in jeopardy

A narrow waterway located at the mouth of the Red Sea between Yemen and Djibouti has provided an escape hatch for a sizeable chunk of the Middle East’s oil. That lifeline is now looking increasingly shaky. For weeks, Yemen’s Iran-backed Houthi rebels have threatened shipping in the Bab al-Mandeb st...

Redirecting to full article...